Long-Term Care Consultants

   “Long-term care costs can devastate retirement plans
and dreams faster than a bear market.”

Terry Savage

Author of “The Savage Number” and Nationally
Syndicated Personal Financial Columnist. 




Some Misconceptions about Long-Term Care Planning

Long-term care means nursing home care.

  Not true. Most long-term care is provided at home. Approximately 76 million individuals receive care at home at a yearly cost of $53.4 billion. Another one million reside in Assisted Living Communities.
(Source: 2008 LTCi Sourcebook, American Association for Long-Term Care Insurance.)


Long-Term Care Questions

  We have clients in Continuing Care Retirement Communities using their Long-Term Care Insurance policy to remain in independent living as long as they can.
Once you are in a Continuing Care Retirement Community and you need long-term care, you may be required to move from independent living to assisted living in order to receive long-term care.
A Long-Term Care Insurance policy gives you the flexibility of receiving long-term care in your independent-living home.

It’s really an issue for the elderly.

One of the more interesting recent studies looked at the age when an individual with Long-Term Care Insurance first filed a claim.
One in 10 (9.5%) were between the ages of 60 and 69. A third (32.9%) were between the ages of 70 and 79.
Three percent were younger than 60 and the rest were age 80 or older.
(Source: 2008 LTCi Sourcebook, American Association for Long-Term Care Insurance. )

My health insurance covers long-term care.

It doesn’t.
Long-term care is generally not covered by an individual or group (employer) health plan. And, it’s very different from long-term disability protection.
Long-term disability replaces your income but does not provide money for long-term care costs. Plus, long-term disability insurance generally ends at age 65, just when you are more likely to need long-term care.
Health insurance covers "skilled care" or "intermediate skilled care" such as medical care, physical therapy or rehab which is provided by a licensed-healthcare practitioner such as a physician or nurse.

Medicare covers long-term care.

Medicare covers a very, very limited amount of long-term care for just a limited number of days. Because of the need to health-qualify for long-term care insurance, it is in your best interest to explore Long-Term Care Insurance well before you reach Medicare-eligibility (generally age 65).

We believe long-term care should be a part of a sound financial plan. Please take a few minutes to visit our website and contact us for a no-obligation quote.
Because of the need to health qualify for Long-Term Care Insurance protection, please be prepared to share the following information:

  - Your age, height and weight
  - Whether you use tobacco products
  - Medications that have been prescribed
  - Any serious medical or health conditions

Because things can change tomorrow, it's smart to act today...changes in health happen every day.

We will help you design a plan that meets appropriate criteria to qualify for Partnership Certification.  Why not ask for a plan design today.
By downloading and completing a health questionnaire, we will be able to prepare a tailored proposal for you specifically. 
There are instructions at the end of the questionnaire indicating how to return to us.